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Shriram Transport Finance raises FD rates by up to 25bps

Shriram Transport Finance Senior Citizen

Shriram Transport Finance raises FD rates by up to 25bps. (Photo: Mint)

On Thursday, Shriram City Union Finance Ltd. had announced a 5-25 bps hike in its FD rates.

Senior citizen depositors will get an additional 0.50% on all tenure buckets. When the deposit matures and the depositor chooses to renew it, additional interest of 0.25% will be paid.

Interest rates on Fixed Deposits with effect from 14 October:

Shriram Transport Finance Co. Ltd FD rates

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